NNINelnet, Inc.

$5B

Q2 2018 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$411M+55.8% YoY

Gross Profit

$236M57.4% margin

Operating Income

$63M15.3% margin

Net Income

$49M12.0% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$25.2B

Total Liabilities

$22.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$411M	$264M	+55.8%
Gross Profit	$236M	$148M	+60.0%
Operating Income	$63M	$41M	+55.0%
Net Income	$49M	$29M	+72.0%

Revenue Segments

Loan Servicing And Systems Revenue

$115M26%

Loan Servicing And Systems

$115M26%

Education Technology Services And Payment Processing Services

$49M11%

Government Servicing - Great Lakes

$46M10%

Tuition Payment Plan Services

$20M5%

Payment Processing

$16M4%

Education Technology And Services

$12M3%

Communications Services

$10M2%

Communication Revenue, Service Offering

$10M2%

FFELP Servicing

$9M2%

Private Education And Consumer Loan Servicing

$9M2%

Software Services

$9M2%

Internet

$5M1%

Television

$3M1%

Outsourced Services Revenue And Other

$2M1%

Telephone

$2M0%

Administrative Service

$2M0%

Investment Advice

$1M0%

Other Service Offering

$281,0000%

Other Communication Revenue

$17,0000%